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That's like saying "This is why farmers like being fed. They get to live comfortable lives while their crop earns them more crop."

Your money doesn't earn you more money doing nothing. In a free market, you need to use it efficiently and in a way that provides value to other people. If you are careless or unlucky you will lose it.

To clarify, it's not free money.

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Yes, the money is doing something, but its owners are not. Sure, they have to decide how to invest it, but how difficult is that really? Markets have long trended upwards, so any reasonably diverse portfolio is likely to do just fine, and many of the wealthy can even afford someone to do that for them.

And even if they were making decisions for themselves, the amount they earn is primarily based on the amount they have to invest, not the quality of their choices. Are the choices of someone who earns 1% on $1billion really 100x as valuable to society as someone who earns 10% on $1million?

Over a certain wealth threshold, it takes overambitious or actively destructive portfolio management to not receive more real interest on it than a highly skilled professional can expect to earn in salary for working regular hours. (including the highly skilled professional that's being paid to manage the money)

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